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Key Details
Sold Price $940,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,164 sqft
Price per Sqft $434
MLS Listing ID 26665817
Sold Date 06/23/26
Bedrooms 5
HOA Y/N No
Year Built 1954
Lot Size 6,520 Sqft
Property Description
The Best Priced Triplex in Long Beach. 3 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). Located on a beautiful, quiet, tree lined street. Excellent Owner User opportunity as well - live in one unit and offset your mortgage with the rent from the others. 1 1+1 and 2 2+1's. All 3 units are rented for a total of $6,100 per month (with another $350/month from Laundry & Storage). The property has a 3 car garage in the back (separate structure) which could be converted to ADU's - Buyer to verify. Adding additional units could generate significant rental income. It also features onsite laundry and has a storage space currently rented for $200/month. The property is well maintained and has been updated as follows: Completely replaced and upgraded electrical service including main and sub panels with 200 amp service (fully permitted) - done in 2025. Installed new common laundry room - done in 2023 (generates $50/mo per unit = $150/mo total).
Location
State CA
County Los Angeles
Area 11 - Westside
Zoning LBR2N
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Assigned
Total Parking Spaces 3
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7431027013
Special Listing Condition Standard
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Bought with Jocelyn Pierce eXp Realty of California Inc.
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